Darius Baruo
Feb 01, 2026 16:17
Shiba Inu shows mixed signals with RSI at oversold levels and bearish MACD, but analysts target 22% upside to $0.0000085 resistance despite current technical challenges.
Shiba Inu (SHIB) is displaying conflicting technical signals as February begins, with the meme coin facing bearish momentum while sitting near oversold conditions. Despite current headwinds, recent analyst predictions suggest potential for recovery toward key resistance levels.
SHIB Price Prediction Summary
• Short-term target (1 week): $0.0000070-$0.0000075 range
• Medium-term forecast (1 month): $0.0000080-$0.0000085 range
• Bullish breakout level: $0.0000085
• Critical support: Current support levels remain undefined due to data limitations
What Crypto Analysts Are Saying About Shiba Inu
Recent analyst predictions from early January 2026 remain relevant for the current SHIB price prediction outlook. Peter Zhang provided a bullish assessment on January 2, stating that “SHIB price prediction shows potential 22% upside to $0.0000085 resistance level, with bullish MACD momentum supporting near-term recovery despite neutral RSI conditions.”
Similarly, MEXC News reinforced this Shiba Inu forecast on January 3, noting that “The Shiba Inu forecast for January 2026 suggests modest upside potential with the primary target of $0.0000085 representing a reasonable 25% gain expectation.”
While specific recent analyst predictions are limited, on-chain data from major platforms continues to provide insights into SHIB’s technical positioning and potential price movements.
SHIB Technical Analysis Breakdown
The current technical picture for Shiba Inu presents a mixed but potentially constructive setup for recovery:
RSI Analysis: With the RSI sitting at 30.02, SHIB is approaching oversold territory, which historically has provided buying opportunities for the meme coin. This neutral-to-oversold reading suggests selling pressure may be reaching exhaustion.
MACD Momentum: The MACD histogram shows bearish momentum at current levels, with both the MACD line and signal line in negative territory. However, any convergence toward the zero line could signal momentum shift.
Bollinger Bands Position: SHIB’s position at -0.04 relative to the Bollinger Bands indicates the token is trading very close to the lower band, suggesting potential oversold conditions and possible bounce opportunity.
Volume Analysis: The 24-hour trading volume of $20.8 million on Binance spot markets shows moderate interest, though this represents a slight decline from previous sessions.
Shiba Inu Price Targets: Bull vs Bear Case
Bullish Scenario
In the bullish case for this SHIB price prediction, several factors could drive upward momentum:
The primary target remains the $0.0000085 level identified by analysts, representing approximately 22-25% upside potential from current levels. This target aligns with previous resistance zones and would require RSI to move above 50 and MACD to show positive divergence.
A successful break above $0.0000085 could open the path toward $0.0000090-$0.0000095, where stronger resistance likely awaits. Technical confirmation would include sustained volume above $25 million daily and RSI maintaining above 60.
Bearish Scenario
The bearish scenario for this Shiba Inu forecast centers on the current negative momentum persisting:
If SHIB fails to hold current support levels, the next significant support zone may not emerge until much lower levels. The negative MACD histogram and proximity to Bollinger Band lower bounds suggest continued downside pressure remains possible.
Risk factors include broader market weakness, reduced retail interest in meme coins, and potential technical breakdown below key psychological levels.
Should You Buy SHIB? Entry Strategy
Based on current technical analysis, a staged entry approach may be optimal:
Primary Entry Zone: Current levels near the lower Bollinger Band offer a risk-adjusted entry point, with the RSI approaching oversold conditions providing additional support for the timing.
Confirmation Entry: Wait for RSI to move above 35 and MACD histogram to show initial positive divergence before adding to positions.
Stop-Loss Management: Given the volatile nature of SHIB, implementing stops 10-15% below entry levels could help manage downside risk while allowing room for normal price fluctuations.
Position Sizing: Due to the speculative nature of meme coins, limiting SHIB exposure to 1-3% of total portfolio remains prudent risk management.
Conclusion
This SHIB price prediction suggests cautious optimism despite current bearish momentum. The combination of oversold RSI conditions, proximity to Bollinger Band support, and analyst targets around $0.0000085 provides a framework for potential recovery over the coming weeks.
However, the negative MACD momentum and broader market uncertainties require careful position management. The Shiba Inu forecast remains constructive for patient investors willing to weather short-term volatility, with the $0.0000085 target representing a reasonable medium-term objective.
Risk Disclaimer: Cryptocurrency price predictions are highly speculative and subject to extreme volatility. Past performance does not guarantee future results, and investors should only risk capital they can afford to lose. This analysis is for informational purposes only and should not be considered financial advice.
Image source: Shutterstock
Source: https://blockchain.news/news/20260201-price-prediction-shib-targets-00000085-by-january-end-despite
